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TDS department released Return Preparation Utility

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  • TDS department released Return Preparation Utility

    The IT Tribunal was justified in law in holding that the sum received by the company from its collaborators on account of goodwill and, therefore, not taxable. [CIT vs. M/s. Motherson Auto P. Ltd., Delhi High Court].

    TDS department released Return Preparation Utility (RPU) (Version 4.3) and File Validation Utility (FVU) (Version 4.6 and 2.142) with effect from April 21, 2015.

    Department cannot reassess refund claim sanctioned vide appellate order without challenging the same. Hon’ble CESTAT, Delhi, in the case of [TT Ltd. vs. CST],

    If the goods are directly sent to any person on the direction of the registered dealer, the invoice shall also contain the details of the registered dealer and that person shall take CENVAT credit on the basis of the registered dealer’s invoice. Similar provisions are also inserted for sale by importer.
    [Notification No. 08/2015].

    SEBI has come out with the master circular for depositories is a compilation of all the existing / applicable circulars issued by SEBI up to 31/03/2015.
    CPE Live Webcast on Finance Act, 2015-Tuesday, May 12 from 4pm-6 pm at icaitv.com/live/icai120515 - Dr. Girish Ahuja and CA. Atul Gupta. Babu Abraham Kallivayalil, Chairman,CPEC.

    CA Exams - Date Sheet for special examination in Kathmandu (Nepal). Starts from 25h May to 09th June 2015 at Kathmandu centres only. Admit Cards already issued would remain valid for the above schedule.
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